Using a large panel of Finnish males, we study how the recession of the early 1990s hit different worker groups and affected inequality in the labour market. Despite large employment losses the cross-section dispersion of earnings is found be almost constant, while differences in layoff and...

In this study the economic implications of eastward enlargement are analyzed using a multi-regional, dynamic general equilibrium model. EU's eastern enlargement is, in one respect, conventional regional integration where new entrants joins a customs union. In the common trade policy an important...

This KNOGG report analyses the role of Transnational Corporations in the small European countries and synthesises their importance in generating spillovers. For dissemination of technology it is important to build and/or increase the efficiency of national innovation systems and strengthen the...

This paper contains a set of tests for nonlinearities in economic time series. The tests comprise both standard diagnostic tests for revealing nonlinearities and some new developments in modelling nonlinearities. The latter test procedures make use of models in chaos, theory, so-called...

The author deals with the costs and benefits of globalisation. He also gives a simple explanation of the core economic forces behind the globalisation. The current technical development favours the decline of the fixed coordination costs of the multinational enterprises and this opens up the...

This paper investigates the employment effects of changes in the structure of taxation and in the tax progression. The contribution is to add endogenous determination of working hours into a union wage setting model. Thus employment effects of any changes in taxation are derived as a labour...